Competition
in sentence
2938 examples of Competition in a sentence
Tax
competition
encourages free-riding on public goods, while eroding governments’ capacity to provide such goods.
In the meantime, tax
competition
will continue to erode market competition, while denuding governments of the money needed to invest in the public goods needed to ensure firms’ profitability over the long term.
But US universities found a way to integrate competition’s benefits into the European concept of nonprofit, or so-called eleemosynary, corporations.
Using alumni to infuse the benefits of
competition
into nonprofit institutions exemplifies the genius of American adaptation.
In most regions, officials welcome foreign businesses--offering tax-free zones and other benefits--and unfettered
competition
as a means of strengthening their industries.
This will lead to a frenetic new wave of competition, but not between China, America, and Japan as monolithic entities.
Given the broader strategic
competition
between China and the US – now exacerbated by the ongoing trade war – we should not expect a return to some variant of the post-World War II rules-based order, based on Western values and systems of governance.
Consider Adam Smith’s concept of the “invisible hand,” which implies that a market equilibrium is efficient if perfect
competition
prevails and well-defined property rights exist.
For example, Smith viewed
competition
as a basic condition of the invisible hand’s operation, because monopolies and oligopolies exploit consumers and restrict production.
But only
competition
among providers of similar products is beneficial.
Competition
among providers of complementary goods or services is harmful, and can be even worse than a monopoly.
The market failures that initially give rise to public-sector intervention tend to recur internationally, which means that
competition
between states is usually not efficient, either.
Examples include
competition
between welfare states to deter economic migrants, the race to the bottom in taxation, and regulatory rivalry in the banking and insurance sectors.
Competition, contrary to what many on the right believe, is not always good.
Others reflect policies that simply protect sectors from
competition
and generate rents and vested interests.
Governments have undertaken a few privatizations with radical consequences for
competition.
Europe is abuzz with mergers not only to take advantage of Europe's broader economic space but also to confront tough
competition
in world markets.
In the end, reforms of social welfare will be imposed, if not by political leaders then by international
competition
and interdependence.
When it enters into force in 1999 its immediate effect will be to stimulate
competition
for markets and reform within the Union.
Next came the Eurovision Song Contest, an annual
competition
of pop (rarely first class) European singers, at which Russia’s Dima Bilan gained first prize for his musical clip “Believe.”
Given
competition
between cryptocurrencies with regard to their security and usefulness, however, it seems reasonable to suppose that the strongest will survive.
But it would not be a surprise if the pendulum now starts to swing back in favor of those who would prefer more open systems and a greater degree of meaningful political
competition.
The European Commission’s watchword has been that the integrity of the Single Market must be defended at all costs, and that it will use its formidable legal powers to ensure that bailouts and other state aid by EU governments do not distort fair
competition.
Given the impact of globalization and the direct challenge to the EU implied by
competition
from countries like China and India, the European economy needs to become more innovative.
As the strikes revealed, there is little understanding of globaleconomic
competition
among the French population.
The New Economy involves five interacting motors: technology, competition, and a new economic culture for government, households and business.
In terms of competition: we have not had as much nor as pervasive
competition
since early in the century.
Sharply higher
competition
is even becoming the rule in countries that hate it like the devil -- Germany, France, Japan and others.
The agents of
competition
are of course world trade, made more effective by technology, domestic deregulation and dismantling welfare states.
Skeptics keep arguing that
competition
and technology wreak havoc upon society's harmony; that they create inequality and eviscerate the middle class.
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